Tue 2009-06-16 00:00 EDT
naked capitalism: Stiglitz: Bank Plan Destined to Fail, Doomed By White House/Wall Street Ties
Bank Plan Destined; doomed; fail; naked capitalism; Stiglitz; White House/Wall Street Ties.
fail Topic in The Credit Debacle Catalog
Tue 2009-06-16 00:00 EDT
Jesse's Café Américain: Break The Big Banks Up, and Let the Insolvent Parts Fail
Jesse's Café Américain: Break The Big Banks Up, and Let the Insolvent Parts Fail
big banks; break; Insolvent Parts Fail; Jesse's Café Américain; Let.
The IRA Analyst Thu 2009-06-11 00:00 EDT
The Institutional Risk Analyst: Credit Default Swaps and Too Big to Fail or Unwind: Interview With Ed Kane
Credit Default Swaps and Too Big to Fail or Unwind: Interview With Ed Kane; ``The whole basis of policy making in Washington today is that the taxpayer is a sucker who does not know how to defend him or her self against this kind of regulatory gambling.''
big; Credit Default Swap; Ed Kane; fail; Institutional Risk Analyst; interview; IRA Analyst; unwinds.
Mon 2009-05-04 00:00 EDT
Terms of Service
Flawed Credit Ratings Reap Profits as Regulators Fail, by David Evans and Caroline Salas, Bloomberg.com; ``As the U.S. has spent, lent or pledged about $12.8 trillion in efforts to revive the slumping economy...no one has taken steps that would substantially fix a broken ratings system.''
The IRA Analyst Tue 2009-04-21 00:00 EDT
The Institutional Risk Analyst: Stress Test Zombies: Not Too Big To Fail? Tough Tootsies Little Banks!
2009-03-13; ``The Bernanke/Geithner approach to not dealing with the financial crisis amounts to a hideous public subsidy of the global transactional class, a transfer of wealth from American taxpayers to the institutional investors who hold the bonds and derivative obligations tied to the zombie banks, AIG and the GSEs. All of these companies will require continuing cash subsidies if they are not resolved in bankruptcy.''
bank; big; fail; Institutional Risk Analyst; IRA Analyst; Stress Test Zombies; Tough Tootsies.
Wed 2009-04-01 00:00 EDT
Calculated Risk: Fed's Hoenig: 'Too Big has Failed'
Kansas City Fed President Thomas Hoenig: ``we have not defined a consistent plan and not addressed the basic shortcomings and, in some cases, the insolvent position of these institutions''
Thu 2009-02-26 00:00 EST
FT.com / Capital Markets - Half of all CDOs of ABS failed
ABS failed; Capital Markets; CDOs; com; FT.
Tue 2009-02-24 00:00 EST
naked capitalism: Guest Post: "Dear Mr. Volcker: It's the Banks, Stupid"
former Congressional staffer Lune: prevent any one firm from becoming Too Big To Fail
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Did the New Deal Fail?
Jesse's Café Américain: Did the New Deal Fail? ``The New Deal was so "ineffective" that the Fed panicked and doubled reserve requirements in a draconian pre-emptive response because they feared inflation!'' ''In a fiat regime inflation and deflation are primarily...the end result of a series of policy, fiscal, and political decisions.''
Thu 2009-01-15 00:00 EST
naked capitalism: "There is no playbook"
Paulson makes a virtue of his failings
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit; ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.'' Akerlof and Romer; Yves Smith
bankruptcy; big; Economic Underworld; fail; jailed; Jesse's Café Américain; profits; well connections.
Sun 2008-11-23 00:00 EST
Joe Bageant: Sarah Palin is the Future of Conservatism
by Anonymous Political Consultant John Brown; ``In a system, which is entering a period of semi-permanent crisis, to plant oneself or one's party in its political center is to make yourself responsible for a political system which is forever failing, losing legitimacy and eventually its right to rule. In the long run, the future will belong to whichever political force flies the boldest flags, stands credibly far enough from those who will be held accountable for our troubles, and curses the loudest at the coming darkness.''